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Search Results 0 to 4 of about 5 (some duplicates have been removed)
Jul 30, 2011 9:00am EDT
to have a couple big social security payments and interest payments due, so it's not entirely clear to the markets or to anybody else when treasury will exhaust its reserves. >> annie lowery, economic and business reporter for slate. >>> well, joining me from the hill now illinois republican congressman robert dold who serves on the financial services committee. representative dold, thanks for being here this morning. it's a busy day. >> thanks for having me. i appreciate it. >> i know, sir, that you supported john boehner's plan, but you say you would have voted for it without a budget balanced amendment. why are some of your colleagues saying they need that fully knowing it would not pass the senate? >> the number of my colleagues booef e plea of we have to change the way washington is working, so we've been grossly overspending for a long period of time. it's been happening on both sides of the aisle. it's a clear washington problem. american families have tightened their belt. american businesses have done the same. they should expect that the federal government should be able t
Jul 29, 2011 6:00pm PDT
. so it's going to impact for sure and it's going to impact silicon valley and california in a big way because we have a lot of startups as now. >> reporter: it could be a big blow to investor confidence. >> if america's bond rating goes down, if america's credibility abroad goes down, that impacts how our businesses are perceived in very real ways and it can hurt them in their ability to run their businesses. >> reporter: mayor chuck reed says cities are bracing for the impact. bond rates could go up which could make financing infrastructure improvements like roads or sidewalks more expensive at a time when cities can least afford it. >> we are talking hundreds of millions of dollars of obligation and if the price goes up only 1% it could be millions of dollars additional cost to the city. >> reporter: how does that affect the citizens? >> with more money going into paying debt service that means there's less money for services and we have to cut from someplace else in our budget. >> reporter: san jose is one city with its own debt crisis looking at a deficit next year of $110 millio
FOX News
Jul 30, 2011 12:00am PDT
jerkey in the room? wink. >> i was a big fan. one of the greatest vocalist and songwriters, but he is a full blown] bleep [. you can separate the music, but now i can't. now i will just here [bleep]. >> did you see that picture? he is getting kind of fat. >> he eats entire trees. i saw him in l.a. once and he was at a bar and he is an intimidating guy. he has the potential to be a legend, but he keeps opening his mouth. i don't know. the young people and the elderly, they fall for animal rights ideology because of the cute factor. but there is a dangerous ideology that is behind it. it is one that says it is okay to destroy a lab experiment. >> but you had your choice if you want to eat meat or not. the people in norway didn't have a choice if they were going to be blown up or shot. that's why it is sick. >> at least he is consistent. if you believe that animals are as important as humans, then you probably shouldn't allow slim jims into your concert. not only because of the waybill carries them, but the thing siwould feel if i were a real animal rights person, i would go all the w
Search Results 0 to 4 of about 5 (some duplicates have been removed)